The immediate revival of Sui Southern Gas Company’s and Jamshoro Joint Venture Limited’s idle plants is being considered.
Both companies have been instructed by SIFC to sign a revenue-sharing agreement in January.
Five thousand jobs have been lost, and 432 million dollars in foreign exchange have been lost since the plant shut down in June 2020.
SIFC has directed JJVL to settle all outstanding debts prior to the plant’s gas supply being restored.
The JJVL Plant’s resuscitation is anticipated to boost energy output and lower LPG costs.
The repair of the plant would supply 750,000 families in Sindh and other parts of Pakistan with energy.
It is anticipated that the country’s economy will benefit from the execution of JJVL with SIFC’s backing.
